Re: Keeping money and keeping bitcoins? are they similar?

Bitcoin increases in value overtime, money decreases in value overtime so they are not similar. Btc is more of an asset than a legal tender which is why it can not be similar to money completely. Although they both hold great importance only that one is more valuable than the other. When it comes to making a real life choice among the two, i will rather go with the 20-80 rule Grin

You should know that the bitcoin price is very volatile if you don't convert all your money to bitcoin investment, don't forget the risk of unpredictable bitcoin price movement patterns so it's better to invest 30% of all the money you have to reduce the risk if the bitcoin price drops significantly , so both are still the best choice but the use of bitcoin is still limited so you have to make bitcoin as a long term investment.

agree with the opinion that the value of bitcoin will continue to increase from time to time, although sometimes it will also experience corrections, but if it is invested in the long term it is certain that those who hold it will get a very large profit compared to other investments.
I also agree that investing in bitcoin is very risky if you are not wise in investing. if you already benefit from the investment, immediately sell it so that the results of the investment can be seen, will continue to return when the price is corrected and buy for further investment. keep doing it according to the development every time of the bitcoin value.

You hit the nail on the head. Bitcoin? A rocket with occasional turbulence. But play it cool, hold onto it for the long haul, and you'll be sitting on a digital goldmine!

Bitcoin investment? It's like wrestling a wild grizzly. Exhilarating and dangerous. But folks, remember, no risk, no reward! When those profits start jingling in your e-wallet, time to break out into a victory dance and sell. Harvest those gains and watch your net worth soar!

But there's more! Timing is a beautiful art. When Bitcoin throws a tantrum and prices tumble, grab that chance to buy and grow your crypto kingdom. Keep your ear to the ground, follow Bitcoin's twisting tale, and tweak your investment game plan.